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Tax Freedom Day Over Time
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So What?
1) This chart represents the day of the year that you would have paid off your annual tax bill if all your income from Jan 1 went
to paying taxes. From this day of the year forward, your income is yours to keep.
2) The percent of income that is consumed by taxes has increase over four times in the hundred years since 1900.
3) The rate of tax increase has slowed significantly since the mid-1970s.
4) Large tax cuts from 2000 to 2003 have pretty much been eliminated from 2004 to 2007.
1) This chart represents the day of the year that you would have paid off your annual tax bill if all your income from Jan 1 went
to paying taxes. From this day of the year forward, your income is yours to keep.
2) The percent of income that is consumed by taxes has increase over four times in the hundred years since 1900.
3) The rate of tax increase has slowed significantly since the mid-1970s.
4) Large tax cuts from 2000 to 2003 have pretty much been eliminated from 2004 to 2007.
Supporting Evidence
w o r t h a t h o u s a n d w o r d s™
